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Middleware’s Message: the Financial Technics of Codata

Philosophy & technology, 2021-03, Vol.34 (1), p.33-55 [Peer Reviewed Journal]

The Author(s) 2019 ;COPYRIGHT 2021 Springer ;The Author(s) 2019. This work is published under http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License. ;ISSN: 2210-5433 ;EISSN: 2210-5441 ;DOI: 10.1007/s13347-019-00379-2

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  • Title:
    Middleware’s Message: the Financial Technics of Codata
  • Author: Castelle, Michael
  • Subjects: 20th century ; Automatic banking equipment industry ; Bachelard, Gaston ; Bergson, Henri ; Book publishing ; Communication ; Computer industry ; Education ; Keyboards ; Middleware ; Philosophers ; Philosophy ; Philosophy of Technology ; Preda, Alex ; Research Article ; Stock exchanges ; Stock-exchange
  • Is Part Of: Philosophy & technology, 2021-03, Vol.34 (1), p.33-55
  • Description: In this paper, I will argue for the relevance of certain distinctive features of messaging systems, namely those in which data (a) can be sent and received asynchronously, (b) can be sent to multiple simultaneous recipients and (c) is received as a “potentially infinite” flow of unpredictable events. I will describe the social technology of the stock ticker , a telegraphic device introduced at the New York Stock Exchange in the 1860s, with reference to early twentieth century philosophers of synchronous experience (Bergson), simultaneous sign interpretations (Mead and Peirce), and flows of discrete events (Bachelard). Then, I will show how the ticker’s data flows developed into the 1990s-era technologies of message queues and message brokers , which distinguished themselves through their asynchronous implementation of ticker-like message feeds sent between otherwise incompatible computers and terminals. These latter systems’ characteristic “publish/subscribe” communication pattern was one in which conceptually centralized (if logically distributed) flows of messages would be “published,” and for which “subscribers” would be spontaneously notified when events of interest occurred. This paradigm—common to the so-called “message-oriented middleware” systems of the late 1990s—would re-emerge in different asynchronous distributed system contexts over the following decades, from “push media” to Twitter to the Internet of Things.
  • Publisher: Dordrecht: Springer Netherlands
  • Language: English
  • Identifier: ISSN: 2210-5433
    EISSN: 2210-5441
    DOI: 10.1007/s13347-019-00379-2
  • Source: Springer Nature OA/Free Journals
    ProQuest Central
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